Where is the last line of defense for XAUT bulls?



$XAUT /USDT - SHORT

Trading Plan:
Entry: 4054.3 – 4062.5
SL: 4097.6
TP1: 4029.0
TP2: 4009.4
TP3: 3980.0

Why pay attention to this structure?
- The bearish trend is clear on the 4H timeframe, and the 1D trend is also bearish, with highly consistent direction.
- Current price 4058.4, RSI 15M at only 42.06, momentum is weak, rebound is feeble.
- Below, TP1 4029.0 and TP2 4009.4 offer ample room, stop loss at 4097.6 is reasonable.
- Why now? EMA moving average suppression + low RSI, bears have accumulated strength, likely to accelerate downward.

Discussion:
Will this wave hit TP2 first, or will it trap bears and bounce?
XAUT-0.58%
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